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Even as contradictory reports come in regarding the profits or losses made by various IPL franchisees, the IPL Chairman & commissioner Lalit Modi has said it is also early to talk of losses since the numbers for the 2nd edition that was held in South Africa have yet to be worked out.

In an conference to the Hindustan Times, Modi said, "It's too soon to say that the franchisees are making losses yet. Unless we give them the numbers, how can they say that they have incurred losses?"

Modi was also positive about the franchisees making profits soon, and even said some of them would have done so this year itself.

"This year most of them will break even. They say they won't, by their estimated calculations. Then they definitely will in a three-four year period. In any case, we have certain them that we will cover them for this in the first few years."

Modi also protected the pricing of $250 million for a new team in the 2011 season against accusations that it was impractical, saying "It's definitely most realistic, and in fact, will be in the $250 to $300 million range."

T20 has rendered one-day cricket inappropriate and the 50-over format should be done away with, according to spin great Shane Warne.

"I'll say it again; one-day cricket should go. It has evolved into T20," said the Australian star, asserting the game would be better off with just two formats.

"Cricket only wants two forms of the game. Something needs to be done about scheduling: it's been going on for too long," Warne wrote in his column for 'Herald Sun'.

The leg-spinner, who led Rajasthan Royals to a legend triumph in the inaugural edition of the Indian Premier League, remains a halt supporter of the T20 format and believes one-dayers simply has no business in the international calendar.

Shane Warne was equally critical of Australia's post-Ashes schedule which pits them against the same English side for a 7-match ODI series.

"Unfortunately, Australia now plays a series of ludicrous limited-overs matches against England, and then more one-dayers in South Africa & India, before the next Test in Brisbane in November.

"It is a joke that any international team has to play 7 ODIs after a 5-Test series against the same team," Warne said.

"There are only 9 Tests between now and the next Ashes series in Australia at the end of next year, but a ridiculous number of one-day cricket in the same era," he added.

One of the great all-rounders the game has known, and indubitably New Zealand's greatest ever player, Sir Richard Hadlee has made a strong request to the game's rulers: Don't let down our game.

Hadlee added his voice to the rising concerns of Twenty20 cricket via-a-via the traditional Test matches.

Heaving match schedules, the growth of Twenty20 and the vast financial lures for players from the IPL demand firm controls being put in place by the International Cricket Council, he says.

Hadlee was not induced that the game's ruling body had the forethought and vision to put aside monetary gains for the overall benefit of the game.

"We are in serious danger of having the decision makers betraying the game of cricket," said Hadlee.

"Everything evolves and things keep changing, but this is a revolution within the game of cricket.

"It's new, profitable, successful and brings in massive money. The danger is overload, that you have too much of it, and it swamps other forms of the game and compromises them.

"If one format of the game like Twenty20 eats the game as much as it is doing now - and potentially in the future - it is destroying the game of cricket as a total concept."

"The IPL is franchise cricket, it's club cricket, it is not international cricket. We are two years into it and you can see potentially that there will be more and more of it. It will consume the game. Once it has gone too far and people have grown bored with it, it will have destroyed test cricket and probably 50-over cricket," he said.

Coincidentally, Hadlee's comments came just a day after Shane Warne had advocated scrapping ODIs, and providing a window for the IPL.

The final of the 45-day Twenty20 cricket league, which showed a huge success in its first two editions in India and South Africa, would be held on April 25, IPL Chairman Lalit Modi declared after a meeting of its Governing Council at Mumbai.

IPL III will have four supplementary match staging centres - Nagpur, Vishakhapatnam, Ahmedabad and Dharamsala - and will also stage one extra match, the 60th, for the third place play-off, Modi said.

"The playing pane remains the same, 45 days", Modi mentioned, before adding that the Governing Council also decided to include two more franchisees in IPL IV to be held in 2011.

"There would be 94 games in all with each franchisee playing 18, instead of 14 preliminary phase games. But the pane would remain more or less the same," Modi said.